Thursday, February 5, 2009
How to use 10 million dollar
If I won a 10 million dollar lottery, I would spend 50% of my money on long term investment such as harbor or petrol stocks. My reasoning for this is that harbors are going to be used at all time so that the price will be stable and petroleum is not regenerated resources sothat oil company will always gain profit. Comparing to bank product such as long term deposit, stock dividends are definitely higher. I would give 30% of my money to my conservative parents, so as I believe they would save use this portion of money in a highly stable manner. The rest 20 % would be used for housing, vehicle and other daily needs.
Subscribe to:
Post Comments (Atom)
That's a very rational way to save your money! You should splurge and buy something nice for yourself too.
ReplyDelete